Is Armington, IL 61721 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Armington is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Armington housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Tazewell County, IL

Population	552
Median income	$91,500
Average income	$96,157
Median home value	$141,400
Median rent	$1,656/month
Owner-occupied	93% of homes
Median year built	1963

Natural hazard riskTornadoes (relatively high), extreme heat (moderate), winter storms (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 61721; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 61721

Prefilled for 61721Can I win this house?Multiple-offer likelihood for a listing Prefilled for 61721Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Creve Coeur 61610Seller’s market $102 /sq ft Deer Creek 61733Seller’s market $113 /sq ft Delavan 61734Seller’s market $100 /sq ft East Peoria 61611Seller’s market $115 /sq ft Browse all markets →

Where Armington is

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Questions about Armington real estate

What are property taxes in Armington?

About 2.11% of a home’s value a year in Tazewell County, or roughly $8,440 on a $400,000 home.

Local agents

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More tools for 61721

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Tazewell County property taxes Tazewell County loan limits Closing costs in Illinois Hottest ZIP codes in Illinois

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology